South Korea offers tax breaks on overseas stock sales to stem currency’s slide
Authorities seek to rein in craze for US equities that has weakened won’s value against dollar
Economic news
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Tech groups shift $120bn of AI data centre debt off balance sheets
Creative financing helps insulate Big Tech while binding Wall Street to a future boom or bust
EU spent less on US energy after $750bn Trump trade deal
Member states’ spending on US oil and gas fell 7 per cent over the past four months
Year in a word: Rare earths
These metals have become the plaything of the US-China trade war
Banks and traders race to capitalise on gold’s historic rally
Surge in bullion prices turns precious metals trading and vaulting into one of finance’s most profitable businesses
One of the world’s hottest IPO markets shows signs of weakness
Series of disappointing debuts in Hong Kong has come in the last quarter of a record year